Exact(10)
Mr Summers called for a new policy: "Governments are very different from other economic actors.
As a result, we tend to get third best policy – governments spending a lot of money on unproductive infrastructure.
In both cases, such meagre returns are part of a deliberate policy: governments and central banks want companies that might create jobs to start borrowing again.
Democracy has brought a welcome improvement in social policy: governments are spending on the previously neglected poor, partly through conditional cash-transfer schemes, a pioneering Latin American initiative.
The issue is whether, as a matter of public policy, governments wish to change their hiring policies with respect to past offenders.
The Commonwealth is best paced to provide policy leadership to bring together all parties to urban policy – governments, businesses, planning experts and others.
Similar(49)
The EU wants rules on investment, competition policy, government purchases and customs clearance.
The objective of stabilization implemented through tax policy, government expenditure policy, monetary policy, and debt management is that of maintaining high employment and price stability.
With the right policies, governments can help enable a more diverse mix of funding options.
In order to develop policies, governments must first ask the right questions.
The choice of approach depends on various criteria such as health care policies, governments' willingness, social and political context, etc.
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